Answer:
$469,938
Explanation:
To determine the carrying value of the note (principal's balance), I will prepare a payment schedule in excel:
principal = $850,000 - $80,000 = $770,000
n = 20
interest rate = 2.5%
payment = ?
I will first determine the payment using PMT function =PMT(2.5%,20,770000) = $49,393.29
In June 1, 2021, after the payment has been made, the balance will be $469,938
Answer:
Global product structure.
Explanation:
When customers around the world are willing to buy the same product, or products that are very similar, the managers will pursue a global product structure: that is to say, a product that is essentially appropriate for the world market, with only slight variations depending on the geographical locations or target segment of the market.
<u>Solution and Explanation:</u>
A Balance Sheet is as follows:
Assets
Current assets
Cash 11000
Trading securities 6000
Accounts receivable (net) 24000
Inventory 30000
Prepaid expense 2000
The Total current assets 73000
The Long term investment
Land held for future business site 18000
The Total investment 18000
Property,plant and equipment
Equipment 25000
Less: the Accumulated depreciation
on equipment and furniture -15000
Total property,plant and equipment 10000
Intangible assets
Patent 4000
The Total intangible assets 4000
The Total Assets 105000
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